18.4k views
2 votes
Which term is used when businesses do not maximise output from given inputs ?​

User Harsel
by
8.5k points

1 Answer

5 votes

Answer:

What Is Efficiency? Efficiency signifies a peak level of performance that uses the least amount of inputs to achieve the highest amount of output.

User Luke Baulch
by
7.9k points

Related questions

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories